Blum Holdings Inc (BLMH)

[IndustryParticipant]

Having been through many of the same, and your lack of experience with the same, the object of every such suit is removal of the partner/individual, which always results in establishing a reasonable value and "cashing them out".

As the plaintiff held an interest, there was no result which would have come which did not involve them receiving fair value.

They didn't "settle", they bought out the partner. There's a difference, and, yes, I consider such a matter "dismissed". (waved off).

A "dismissal" of the suit (legal definition) would still have had the very same problematic partner remaining, holding their interest.

These exact cases are always about "buying them out".

The "settlement" you're referring to was simply to buy out the partner for fair market value.

6MM for 50% (including real property) of their best performing (vertically integrated) NV retail location is a very reasonable (and wise) transaction.